Webinar: Aligning Export Finance with the Paris Climate Agreement

The Climate Clock Is Ticking

Global CO₂ emissions continue to rise, and the remaining carbon budget for limiting warming to 1.5 °C is rapidly shrinking – some estimates suggest it may already have been exceeded. The impacts of climate change, from increasingly extreme weather events to accelerating biodiversity loss, are becoming ever more tangible.

Can Export Finance Keep Pace with an Escalating Climate Crisis? 

Public export promotion policies and so-called export credit agencies (ECAs) have the potential to leverage change. They provide government-backed loans, guarantees, and insurance for international trade. However, these financial institutions have traditionally supported carbon-intensive projects, such as those in the fossil fuel sector, and thus contribute to greenhouse gas (GHG) emissions.

This Online Event Offers a Stocktaking and an Outlook

It brings together perspectives from different stakeholder groups on evolving ECA policies and practices. And it comes at a moment of tension – between political renegotiation and inertia on the one hand, and the professionalisation of climate standards and the momentum of a growing green economy on the other. In other words: A time to learn from international best practices and to foster exchange.

At the Centre of the Event is a New Study

Commissioned by the Chamber of Labour Vienna and conducted by the Austrian Foundation for Development Research (OeFSE), it reveals a fragmented landscape of fossil phase-out and net zero-strategies across European ECAs and offers concrete policy recommendations. A Policy Brief summarises key findings from the study.